Yamaha Co. (OTCMKTS:YAMCY – Get Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,353 shares, a decrease of 43.2% from the August 31st total of 4,141 shares. Based on an average daily trading volume, of 679 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.0% of the shares of the company are short sold.
Yamaha Stock Performance
Shares of OTCMKTS YAMCY opened at $7.90 on Thursday. The company has a 50 day simple moving average of $8.15 and a two-hundred day simple moving average of $7.50. Yamaha has a 12 month low of $6.33 and a 12 month high of $9.05.
About Yamaha
Yamaha Corporation is a Japan-based manufacturer of musical instruments, audio equipment and related products. Its portfolio includes pianos, keyboards, guitars, drums, wind and string instruments, professional and consumer audio equipment, and products for music production and sound reinforcement. The company also provides music education and other services connected with musical performance and audio technology.
The company traces its origins to 1887, when Torakusu Yamaha built a reed organ in Hamamatsu, Japan.
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